FBR 4.26% 4.5¢ fbr ltd

New Blog Post - 15/05, page-59

  1. 400 Posts.
    lightbulb Created with Sketch. 98
    All I can see is the quote:https://hotcopper.com.au/data/attachments/1551/1551266-aee7b461be296d66a3cf72debe0a2467.jpg
    How do you infer "clearly building starts in 1-2 weeks" from that?

    With regards to customers, Pivac is quoted:

    https://hotcopper.com.au/data/attachments/1551/1551278-2dcb513a242711959af6885af2bc1a0f.jpg

    These meetings are not with customers - no commercial contracts have been signed. It's great he is getting the message of FBR out to the world but to say he is meeting with customers is false.

    In the Australian market, the recent BKW MOU states:

    https://hotcopper.com.au/data/attachments/1551/1551305-b25296ae56ef197c1de3556489d63dbd.jpg
    Again, nothing is written in concrete to conclude first revenues will be achieved. It is a goal at this stage only.

    But it is why I have invested, and I am confident they will get there.

    But to continually ramp, and then if you are rebutted to call people liars is further misleading and erodes your credibility.

    On a positive note, your analysis on the technical side is appreciated.

 
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